10464 Highway 242 | Conroe, TX 77385
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- LoopNet Team
10464 Highway 242
Conroe, TX 77385
7 Brew Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15-year absolute NNN ground lease with 10% rent increases every five years, offering predictable income growth
- 7 Brew, with 300+ locations across 17 states, anchors this investment with a 15-year lease
- Located on TX-242 with 49,206 AADT, ensuring high visibility and accessibility in Conroe’s expanding retail hub
- Absolute NNN ground lease structure shifts all taxes, insurance, maintenance, roof, structure, and parking lot costs to the tenant
- The shopping center attracted 2.8 million visitors in 2024
- Benefits from Harper’s Preserve, a 1,700-acre master-planned community with 3,200+ homes, fueling local demand
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
510 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.52 AC
PROPERTY TAXES
| Parcel Number | 5727-91-00210 | Improvements Assessment | $1,276,459 |
| Land Assessment | $683,024 | Total Assessment | $1,959,483 |
PROPERTY TAXES
Parcel Number
5727-91-00210
Land Assessment
$683,024
Improvements Assessment
$1,276,459
Total Assessment
$1,959,483
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